SAS DELHORBE AUTOMOBILES : revenue, balance sheet and financial ratios

SAS DELHORBE AUTOMOBILES is a French company founded 42 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in BISCHHEIM (67800), this company of category ETI shows in 2022 a revenue of 22.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SAS DELHORBE AUTOMOBILES (SIREN 329165336)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 22 356 494 € 25 154 267 € 22 580 334 € 24 103 691 € 22 174 231 € 20 732 754 € 19 856 662 €
Net income 446 034 € 977 718 € 435 000 € 58 525 € 233 214 € 418 773 € 376 048 € 438 407 €
EBITDA N/C 960 813 € 572 165 € 307 800 € 162 801 € 692 589 € 582 501 € 665 940 €
Net margin N/C 4.4% 1.7% 0.3% 1.0% 1.9% 1.8% 2.2%

Revenue and income statement

In 2023, SAS DELHORBE AUTOMOBILES generates positive net income of 446 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 438 k€ -> 446 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

446 034 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 216%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

216.148%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

17.412%

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

31.9%

Solvency indicators evolution
SAS DELHORBE AUTOMOBILES

Sector positioning

Debt ratio
216.15 2023
2021
2022
2023
Q1: 5.33
Med: 46.56
Q3: 142.38
Average +49 pts over 3 years

In 2023, the debt ratio of SAS DELHORBE AUTOMOBILES (216.15) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
17.41% 2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Average -18 pts over 3 years

In 2023, the financial autonomy of SAS DELHORBE AUTOMOBILES (17.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
4.17 years 2022
2021
2022
Q1: 0.0 years
Med: 0.78 years
Q3: 4.48 years
Average +22 pts over 2 years

In 2022, the repayment capacity of SAS DELHORBE AUTOMOBILES (4.17) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 207.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

207.017

Liquidity indicators evolution
SAS DELHORBE AUTOMOBILES

Sector positioning

Liquidity ratio
207.02 2023
2021
2022
2023
Q1: 135.08
Med: 203.8
Q3: 381.44
Good +25 pts over 3 years

In 2023, the liquidity ratio of SAS DELHORBE AUTOMOBILES (207.02) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.72x 2022
2021
2022
Q1: 0.0x
Med: 1.22x
Q3: 7.72x
Average -20 pts over 2 years

In 2022, the interest coverage of SAS DELHORBE AUTOMOBILES (0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 74 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 562 days. Excellent situation: suppliers finance 488 days of the operating cycle (retail model).

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

74 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

562 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
SAS DELHORBE AUTOMOBILES

Positioning of SAS DELHORBE AUTOMOBILES in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 149 transactions of similar company sales in 2023, the value of SAS DELHORBE AUTOMOBILES is estimated at 920 668 € (range 229 983€ - 1 639 655€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2023
149 transactions
229k€ 920k€ 1639k€
920 668 € Range: 229 983€ - 1 639 655€
NAF 5 année 2023

Valuation method used

Net Income Multiple
446 034 € × 2.1x = 920 669 €
Range: 229 983€ - 1 639 656€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 149 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Commerce de voitures et de véhicules automobiles légers)

Compare SAS DELHORBE AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about SAS DELHORBE AUTOMOBILES

What is the revenue of SAS DELHORBE AUTOMOBILES ?

The revenue of SAS DELHORBE AUTOMOBILES in 2022 is 22.4 M€.

Is SAS DELHORBE AUTOMOBILES profitable?

Yes, SAS DELHORBE AUTOMOBILES generated a net profit of 446 k€ in 2023.

Where is the headquarters of SAS DELHORBE AUTOMOBILES ?

The headquarters of SAS DELHORBE AUTOMOBILES is located in BISCHHEIM (67800), in the department Bas-Rhin.

Where to find the tax return of SAS DELHORBE AUTOMOBILES ?

The tax return of SAS DELHORBE AUTOMOBILES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does SAS DELHORBE AUTOMOBILES operate?

SAS DELHORBE AUTOMOBILES operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.